Welcome to DU!
The truly grassroots left-of-center political community where regular people, not algorithms, drive the discussions and set the standards.
Join the community:
Create a free account
Support DU (and get rid of ads!):
Become a Star Member
Latest Breaking News
General Discussion
The DU Lounge
All Forums
Issue Forums
Culture Forums
Alliance Forums
Region Forums
Support Forums
Help & Search
General Discussion
In reply to the discussion: Third Way has been trying to privatize Social Security since 1990s. This is not playing chess. [View all]ProSense
(116,464 posts)24. I don't know, but
"Why did Obama lecture them today?"
...that's a separate issue from my point about efforts to privatize the program in 2005.
I'm not sure what the deal is with the President's proposal. Still, I expect that Senate Democrats would reject it.
Senate Democrats Press Obama on Chained CPI
George Zornick
<...>
Senator Bernie Sanders described the exchange to The Nation on Tuesday afternoon. The issue came up. The president raised his concerns about the long-term sustainability of programs like Social Security, and indicated that he believed something like Chained CPI is an effective waywhat he considers to be (an effective way), to protect the program, said Sanders.
On that, Obama got pushback from multiple senators. Some of us suggested there are other ways to address the problem in terms of the long-term solvency of Social Security, such as doing what he proposed in 2008, which is to lift the cap of taxable income, said Sanders.
Indeed, Obamas preferred approach in 2008 was to move the ceiling on FICA taxes, which fund Social Security, to $250,000. (It is currently around $113,000.) He briefly raised this on the campaign trail in 2012 in an appearance before AARP members, but also embraced the general goals of the Simpson-Bowles deficit reduction plan during his acceptance speech at the DNC, and is now calling for Chained CPI.
After getting pushback, Obama mainly stuck to his position, according to Sanders, though he sense a little bit of daylight. I think the president, while he continues to voice his support for the Chained CPI, I think he does understand that there are other ways to tackle this problem, and I think he left the door open a little bit to hear other points of view.
- more -
http://www.thenation.com/blog/173314/senate-democrats-press-obama-chained-cpi
George Zornick
<...>
Senator Bernie Sanders described the exchange to The Nation on Tuesday afternoon. The issue came up. The president raised his concerns about the long-term sustainability of programs like Social Security, and indicated that he believed something like Chained CPI is an effective waywhat he considers to be (an effective way), to protect the program, said Sanders.
On that, Obama got pushback from multiple senators. Some of us suggested there are other ways to address the problem in terms of the long-term solvency of Social Security, such as doing what he proposed in 2008, which is to lift the cap of taxable income, said Sanders.
Indeed, Obamas preferred approach in 2008 was to move the ceiling on FICA taxes, which fund Social Security, to $250,000. (It is currently around $113,000.) He briefly raised this on the campaign trail in 2012 in an appearance before AARP members, but also embraced the general goals of the Simpson-Bowles deficit reduction plan during his acceptance speech at the DNC, and is now calling for Chained CPI.
After getting pushback, Obama mainly stuck to his position, according to Sanders, though he sense a little bit of daylight. I think the president, while he continues to voice his support for the Chained CPI, I think he does understand that there are other ways to tackle this problem, and I think he left the door open a little bit to hear other points of view.
- more -
http://www.thenation.com/blog/173314/senate-democrats-press-obama-chained-cpi
Edit history
Please sign in to view edit histories.
138 replies
= new reply since forum marked as read
Highlight:
NoneDon't highlight anything
5 newestHighlight 5 most recent replies
RecommendedHighlight replies with 5 or more recommendations
Third Way has been trying to privatize Social Security since 1990s. This is not playing chess. [View all]
madfloridian
Mar 2013
OP
I think that is the hardest thing to persuade people of, plus the hardest thing to accept
duffyduff
Mar 2013
#84
"Third Way," also known as the "New Democrats." They're GOP-lite all the way.
blkmusclmachine
Mar 2013
#6
I have lived in the DC metro area since I was in the 4th grade of elementary school
Samantha
Mar 2013
#7
The party has been infiltrated by neoliberals who are little more than gangsters
duffyduff
Mar 2013
#8
Little more than gangsters? No, they're republicans too weak to make it their own party. n/t
Egalitarian Thug
Mar 2013
#22
They're gangsters. It's all about robbing the public treasury for private profit. n/t
duffyduff
Mar 2013
#87
I can accept that premise as well. But living in a city that was run by actual gangsters, I have to
Egalitarian Thug
Mar 2013
#114
The "Third Way" guys are wimps terrified of being beaten up by Conservative Media...
Spitfire of ATJ
Mar 2013
#94
Blind Pragmatism is the enemy. It's only care is to do the doable & compromise makes more doable
HereSince1628
Mar 2013
#38
+100000000000. Anyone who trusts what a politician says on this issue just because s/he
HiPointDem
Mar 2013
#26
Name who you are talking about. Let's stop using bogeyman terms. Which elected officials are
stevenleser
Mar 2013
#40
Stop using logical fallacies and generalizations and then you won't be accused of doing it. nt
stevenleser
Mar 2013
#53
Then let the Democrats prove me wrong. They need to go on TV or write op eds...
madfloridian
Mar 2013
#56
If you have a strong argument, you don't need bogeyman terms. It's that simple.
stevenleser
Mar 2013
#55
Protest voters against the democratic party have allowed the teaparty to take office
graham4anything
Mar 2013
#62
Now be honest, if they said anyone 50 and over will be grandfathered in
graham4anything
Mar 2013
#66
It's a strawman to suggest that anyone here would not support Democrats. The discussion is about
rhett o rick
Mar 2013
#99
Wait a minute please -- the "Third Way" nomenclature was openly discussed in Clinton's autobiography
Samantha
Mar 2013
#134
I didn't really remember that but your link was interesting, particularly this:
Samantha
Mar 2013
#138
Can you post a link and point to the obvious? I've seen no such thing.
Liberal_Stalwart71
Mar 2013
#102
This is the 1st time in my memory that a Dem president OFFERED it up to extremists.
madfloridian
Mar 2013
#95
It's really very simple, no one who lies about SS in order to try to cut benefits,
sabrina 1
Mar 2013
#44
Obama will now have to "deal with the losers in a globalized economy." His own words.
madfloridian
Mar 2013
#69
The Third Way (with their outsourcing and "free trade") destroyed the tax base.
Romulox
Mar 2013
#63
The third way are an essential mechanism whereby the right-wing achieves their core economic agenda
Douglas Carpenter
Mar 2013
#70
Just a few nights ago I saw David Brooks and Mark Shields "debating" but actually agreeing
Douglas Carpenter
Mar 2013
#112
"defining the disregarding of the will of the people as "showing leadership and courage."
madfloridian
Mar 2013
#115
"maybe even have to allow them to move in with them": And when there are several siblings?
WinkyDink
Mar 2013
#105
Still waiting on a proposal from said Democrats that gives specifics re: "cutting" The Big Three.
Liberal_Stalwart71
Mar 2013
#101
Third Way site today is recycling a 2012 article called Collision Course, lecturing baby boomers
madfloridian
Mar 2013
#103